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Author: Amanda Richardson

Sunshine State Stats November 2020

November 2020 weather was warm with slightly fall-like temperatures in the early morning hours. The average temperature was a comfortable 72 degrees, which was 5 degrees higher than the average temperature of 67 degrees in November 2019. Sixteen days in the month reached 80 degrees or over. The highest recorded temperature was 86 degrees and the lowest recorded temperature was 52 degrees. The average high temperature was 80 degrees and the average low temperature was 63 degrees.

 

November 2020 Sunshine State Stats temperatures

 

Central Floridians experienced cooler temperatures in the low to mid-50s early and later in the month. Rainfall was higher than average at 4.22 inches for the month due in part to Tropical Storm Eta. The average rainfall for November is 2.5 inches. Rainfall in November 2019 was only 1.2 inches.

 

SECO Energy’s service area received its first tropical storm activity of 2020 when Tropical Storm Eta brought heavy rains and winds to the area on November 12. The 2020 Atlantic hurricane season broke records with the most named storms in the year. Atlantic hurricane season officially ended on November 30.

 

December forecast:

 

The December 2020 forecast calls for a cold snap the first week of the month with temperatures dipping into the 30s. High temperatures are forecast in the low 60s to 70s with low temperatures in the mid 40s. Expect a traditional Florida Christmas with temperatures in the high 60s during the day and mid 40s at night.

 

Before winter temperatures arrive, consider scheduling an HVAC tune-up. Regular maintenance helps your unit run more efficiently and can diagnose small issues before they become bigger problems.

 

To check historical usage, log into SmartHub to view past bills and consumption charts. If your usage is high, SECO offers several energy-efficiency tools to help you identify energy wasters. Take the Home Energy Assessment to receive a detailed email tailored to your home’s features and lifestyle. The energy-saving advice will provide low-cost ways to decrease your usage – and your electric bill.

 

To easily calculate how much energy your appliances, lighting, electronic devices, and other energy-using items in your home consume, use the Energy Estimator.

Florida Fauna & Flora – Ocala National Forest

The Ocala National Forest is located in SECO Energy’s backyard. This national landmark was established in 1909 and is the southernmost forest in the United States. In the forest’s beautiful 383,000 acres, you’ll find over 600 lakes, rivers and streams, as well as trails, animals, recreation areas and outdoor activities.

 

According to the U.S. Department of Agriculture, the core of the Ocala National Forest is the Big Scrub that was first placed under protection by President Theodore Roosevelt, making it the first National Forest east of the Mississippi River. Most of the forest is in Marion County, with smaller portions found in Lake and Putnam Counties. The Florida Trail is a 1,300-mile United States National Scenic Trail that travels through the Ocala National Forest.

 

When visiting the Ocala National Forest, look for various wildlife, including alligators, coyotes, white-tailed deer, wild boar and small animals such as squirrels, gopher tortoises, bats, river otters, bobcats and more. Within the forest boundaries, you’ll also find the highest concentration of wild Florida black bears.

 

Fun Flora Fact: The 1946 movie The Yearling starring Gregory Peck and Jane Wyman based on Marjorie Kinnan Rawlings’ novel of the same name was filmed in the Ocala National Forest.

 

Read the full December 2020 SECO News online.

SECO News, December 2020

 

Duncan’s Digest – 2021 United Way Pledge Drive

 

SECO Energy employees have been exceptionally generous this year. Their philanthropic spirit is fostered by one of our Cooperative Principles: Concern for Community. Many employees, some who are not members themselves, have joined me in supporting SECO’s Pennies from Heaven charitable fund. Employee and member donations to Pennies from Heaven have funded member bill payment assistance and provided funds for local food banks experiencing critical shortages.Employees have also donated generously to our yearly Toys for Tots donation drive.

 

May 2018 SECO News Duncan's Digest

 

SECO employees recognize that local community help is needed year-round and not only during the Christmas season. For this reason, employees take part in an annual employee-funded United Way Pledge Drive. This year has been challenging for some local families who have struggled through the COVID-19 pandemic and resulting shutdown. The need may well extend into next year.

 

For our 2021 United Way Pledge Drive, employees willingly pledged $61,433 to United Ways in ten local counties. This donation makes a big difference in the lives of local families. SECO’s 400+ employees live in or near the counties we serve, and employees choose the county where their donated dollars will benefit.

 

The bulk of our employees live in Citrus, Lake, Marion and Sumter Counties, and these counties received the highest dollar amounts in donations. The breakdown by county is:

Lake and Sumter: $29,508

 

Marion: $20,885

 

Citrus: $6,023

 

Other Counties (Gilchrist, Hernando, Levy, Orange, Pasco and Polk): $5,017

 

Total: $61,433

 

Join SECO employees in their effort to promote the United Way’s mission to improve lives by mobilizing the caring power of communities to advance the common good. Education, income and health care are United Way’s key focuses. Visit United Way to donate or volunteer.

 

I am grateful for our employees’ generosity and dedication to our members and the communities we serve. From the SECO family to yours, Merry Christmas and Happy New Year!

 

Sincerely,

 

Jim Duncan

Chief Executive Officer

 

 

SECO News December 2020 Engage With Electra To Win

Engage With Electra to Win

 

Earlier this year, SECO Energy upgraded its phone system to a new, user-friendly interactive voice response (IVR) system. Our virtual agent’s name is Electra, and she is available 24 hours a day, 7 days a week.

 

Engage with Electra to win! Starting December 1, members who interact with Electra virtually and don’t request a SECO member service representative will be eligible to win a $25 gift card. We’ll draw one winner each week.

 

Electra is multi-functional. She can answer thousands of calls virtually and save you from waiting on hold for rep assistance.

 

BILLING INQUIRIES: Ask Electra “What is my balance?” or ask her “What is the due date?” Need more billing information? Electra can answer questions such as “What was my last payment amount?” or “When was my last payment date?”

 

PAY YOUR BILL: Tell Electra “Pay my bill,” and she will transfer you to our PayNow payment processor. You can pay your bill by phone using a credit or debit card or electronic check without a convenience fee.

 

PAYMENT ARRANGEMENT*: Ask for a “Payment Arrangement” or an “Extension.” Electra will schedule terms – all without you having to speak with a rep.

 

DISCONNECT SERVICE: If you’re moving out of SECO’s service area and need to disconnect service, tell Electra to “Disconnect Service.” Please provide Electra with a forwarding address for future Capital Credit returns.

 

REPORT A POWER OUTAGE/UPDATE OUTAGE NOTIFICATIONS: Call Electra to report a power outage. Say the word “Outage,” and she will guide you through easy prompts to report the outage for you. To update your outage notifications, say “Update Notifications.” If you’re calling from a cell phone, Electra will ask if you want her to text you a link to StormCenter to update your outage notification preferences on your smartphone or tablet.

 

CHECK OUTAGE STATUS: Electra can give you details on the status of a current outage. Just say “Check Status,” and Electra will provide the crew status, estimated restoration time and outage cause if known.

 

REPORT AN AREA LIGHT OUTAGE: Find an area light issue? Just locate the pole number, call Electra and say “Report an Area Light Outage.” Read page four to learn how you can report area light outages online 24/7 with SECO Energy’s LightFinder tool on StormCenter.

 

SERVICE TROUBLE: Experiencing a service problem such as partial power or a wire down? Call Electra and say “Service Trouble.” Electra will automatically create a service trouble ticket.

 

Call Electra at (352) 793-3801 and let her assist you virtually for a chance to win a $25 gift card each week. Winning account must be active at the time of the drawing. Look for the first month’s weekly winners in February 2021 SECO News.

 

Good luck!

 

*Electra can schedule a payment arrangement for eligible accounts only.

 

 

SECO News December 2020 Area Light Out? Report it Online

Area Light Out? Report it Online

 

Need to report a malfunctioning area light? Report a light that is completely off, flickering or staying on during the day using our easy and convenient online tool called LightFinder, which is available through SECO Energy’s StormCenter platform.

 

Visit StormCenter 24/7 to report power outages, report area light malfunctions, update your communications preferences and more. To report an area light outage, choose the LightFinder tile. Enter the area light pole number or near address in the search bar, then click on the light icon to report the lighting issue. Review the light’s details and add comments if needed. Include your email address in the submission to receive updates about the light’s repair status.

 

A green light icon indicates there is no known area light issue. When an area light trouble ticket is issued, the icon turns red. Lights represented by an orange icon have been repaired in the last 24 hours. Member-owned lights are shown as a blue icon, and a gray icon indicates an inactive light.

 

SECO repairs most area light issues in less than 24 hours.

 

 

SECO News October 2020 EV Charger Winner!

EV Charger Winner

 

Richard and Jill Nash from Clermont are the November winners of a SECO Energy branded JuiceBox Pro 40 EV Level 2 charger. We’re giving one charger away each month while supplies last. To enter, text “EV” to (352) 320-4500 for a link to enter. Or click on the EV Charger Giveaway homepage banner.

 

Learn more about the benefits of electric vehicle ownership on our EV website pages. You’ll find an EV savings calculator, information about CO2 reduction, an EV and PHEV model finder and a nationwide charger-finder map. Visit our Electric Vehicles page for more details.

 

Watch SECO News for next month’s charger winner.

 

 

SECO News December 2020 StormCenter Word Search

StormCenter Word Search

 

SECO Energy’s StormCenter outage and communications platform is available online 24 hours a day, 7 days a week. Report power outages, area light malfunctions and update or enroll in outage notifications. Visit StormCenter online.

 

December 2020 StormCenter word search

 

 

SECO News December 2020 Save Energy With A Smart Thermostat

Save Energy With a Smart Thermostat

 

Give yourself the gift of energy savings this holiday season. Invest in an ENERGY STAR rated smart thermostat to take the guesswork out of indoor temperature settings and to reduce your energy costs.

 

Smart thermostats are Wi-Fi-enabled devices controlled with your smartphone, tablet, smart speaker or other device connected to the internet. Installing a smart thermostat allows you to schedule your home’s temperatures for comfort. Some units learn your habits and preferences. Smart thermostats will provide you with data on your home’s energy use and other features.

 

The recommended thermostat setting for energy efficiency is no lower than 78 degrees in the summer and no higher than 68 degrees in the winter. You can save 6 to 8% annually for each degree higher you set the thermostat during the summer and reduce your heating costs by 3 to 5% in winter for each degree you lower the thermostat.

 

Bright Idea: If you’re going on vacation, set the thermostat to 82 degrees in the summer or 55 degrees in the winter.

 

 

SECO News December The Old Farmer's Almanac

Advice from The Old Farmer’s Almanac

 

Say goodbye, 2020, and hello to 2021. The Old Farmer’s Almanac shares ideas for us to embrace a healthier lifestyle. Make a 2021 resolution to spend at least 120 minutes outdoors each week, schedule doctors’ visits and add online aerobics classes to your workout routine. Give your health a boost by adopting a dog or cat. 92% of dog owners believe their dog makes them healthier, and 85% of cat owners feel the same.

 

Some of the fun trends for 2021 are restaurants using edible tableware, paperless menus and local farmers selling produce and veggies in traditional supermarkets. Also making a comeback are houseplants and native plant designs in outdoor landscapes.

 

 

SECO News December 2020 Surgeo Picks A Winner

Surgeo Picks a Winner

 

Congratulations, Harriette Lowrey from The Villages who won a free one-year Surge MitiGator lease! We chose Ms. Lowrey’s name at random from all members subscribed to SECO Energy’s Surge MitiGator protection on or before October 31.

 

Take Surgeo’s advice and enroll in SECO Energy’s Surge MitiGator protection to take the bite out of damaging surges and spikes. Our meter-based surge arrester helps prevent unnecessary financial loss by reducing surges BEFORE they enter your home through the meter. The Surge MitiGator is designed to protects your home’s large-motor appliances.

 

You can lease the MitiGator for only $5.95 plus tax per month plus $25 installation fee. The purchase price ranges from $349 to $399, with installation included. To enroll online or review the MitiGator warranty, visit Surge MitiGator online.

 

Read the full December 2020 SECO News online.

SECO Energy Employees Pledge $61,433 for Local United Ways

SECO Energy employees generously pledged $61,433 to local United Ways through the employee-led 2021 United Way Pledge Drive. United Ways in ten local counties will benefit from the dollars pledged for 2021.

 

SECO’s 400+ employees live in or near the counties the not-for-profit cooperative serves, and employees choose the county where their donated dollars will benefit. The bulk of SECO employees live in Citrus, Lake, Marion and Sumter Counties, and these counties received the highest dollar amounts in donations.

 

The breakdown by county is: Lake and Sumter: $29,508; Marion: $20,885; Citrus: $6,023; and other counties (Gilchrist, Hernando, Levy, Orange, Pasco and Polk): $5,017. The total pledge for 2021 is $61,433.

 

CEO Jim Duncan stated, “SECO employees recognize that local community help is needed year-round and not only during the Christmas season. For this reason, employees take part in an annual employee-funded United Way Pledge Drive. Our employees’ pledge of $61,433 will make a big difference in the lives of local families.”

 

SECO Energy Senior Consultant for Civic, Charitable and Government Relations Kathy Judkins added, “This year has been challenging for some local families who have struggled through the COVID-19 pandemic and resulting shutdown. The need is even greater than before. We appreciate our employees’ personal commitment to participate in our workplace giving campaign and their dedication to making a difference in the communities we serve.”

 

Members with a philanthropic spirit can assist their fellow members by enrolling in SECO Energy’s Pennies from Heaven charitable fund. Pennies from Heaven will round up participating members’ bills to the nearest dollar. The extra pennies are used to fund member bill payment assistance and other local worthy causes. This year, Pennies from Heaven has supported local food banks that have experienced critical shortages and donated $5,000 to local Toys for Tots organizations.

 

To enroll in Pennies from Heaven, visit our Pennies from Heaven page. Members who manage their account through SECO’s online account manager SmartHub can subscribe on the app or desktop version by selecting Billing & Payment and choosing Pennies from Heaven.

 

“Like” SECO on Facebook and “follow” @SECOEnergy on Twitter for news releases and cooperative updates.

SECO Energy Recovers Quickly After Tropical Storm Eta

SECO Energy has completed the restoration effort for all members whose service was interrupted while Tropical Storm Eta trekked through the cooperative’s service area. Several thousand SECO members were left without service overnight.

 

Tropical Storm Eta brought heavy rain and winds to SECO’s area. The storm’s rainbands began to affect the area just after midnight on Thursday. The storm’s high wind gusts of up to 50 mph downed trees that toppled into power lines. This caused power outages, but SECO’s system experienced minimal damage from Tropical Storm Eta.

 

The not-for-profit cooperative was prepared. SECO line crews as well as line and tree contract crews were staged throughout the service area for a quick response to outages caused by Tropical Storm Eta. Crews in the field worked to restore service while behind-the-scenes employees employees answered outage calls, developed work plans for quick restoration and dispatched crews where needed.

 

CEO Jim Duncan stated, “I am grateful for SECO Energy’s world-class employees who pulled together to restore service in less than one day to all members affected by Tropical Storm Eta. All of our employees are commited to working safely and providing excellent customer service every day. Whether in the field, or providing employee and member support from the office, our team’s performance was stellar.”

 

SECO Energy’s online outage reporting and communications platform StormCenter is available 24/7 to report new outages or check the status of an existing outage. Members can use their smartphones or tablets to report outages, enroll in outage notifications and alerts via email, text or voice message, or all three. An alert is sent when the system recognizes that your service has been interrupted. The alert will include crew status, start time and an estimated restoration time.

 

Members can visit StormCenter and bookmark the site on their smartphones or tablets. On StormCenter, members can view the outage map, manage notifications, check the status of an existing outage, report an area light issue and more.

 

Stay up to date on weather affecting SECO Energy’s service area, the latest news releases and cooperative updates by “liking” SECO’s Facebook page and “follow” @SECOEnergy on Twitter.

Tropical Storm Eta Hits Citrus & Sumter in SECO Energy Territory

Overnight, several thousand SECO Energy members largely in Citrus and Sumter Counties were affected by Tropical Storm Eta-related outages. Line and tree crews worked throughout the night to restore service. Currently, the service territory has 88 outage events reported – affecting nearly 1,900 members. The local Central Florida forecast indicates that wind and rainbands will continue to affect the SECO service territory through early afternoon Thursday.

 

When assessing your property, stay away from downed power lines and report them to SECO immediately. Call 911 if there is immediate danger. Always assume a downed line is energized even if power is out at your location. Lake, Marion, Citrus and Sumter County schools are closed today, so ensure that your children understand this dire safety rule about staying away from downed lines.

 

According to the National Hurricane Center (NHC), Tropical Storm Eta made its fourth landfall around 4 a.m. Thursday morning near Cedar Key on Florida’s Gulf Coast. The storm hit with maximum sustained winds of 50 mph. Earlier this week, Governor Ron DeSantis expanded the state of emergency to include Citrus, Levy, Marion and Sumter Counties in SECO’s service area.

 

CEO Jim Duncan stated, “We are thankful that Tropical Storm Eta is passing through our system with minimal damage to our infrastructure. Members should continue to be on alert for the final rainbands passing through our service area through early afternoon and should report outages immediately through StormCenter. Crews will continue to work until all members’ services have been restored.”

 

SECO Energy’s online outage reporting and communications platform StormCenter is available 24/7 to report new outages or check the status of an existing outage. Members can use their smartphones or tablets to report outages, enroll in outage notifications and alerts via email, text or voice message, or all three. An alert is sent when the system recognizes that your service has been interrupted. The alert will include crew status, start time and an estimated restoration time.

 

Members can visit StormCenter and bookmark the site on their smartphones or tablets. On StormCenter, members can view the outage map, manage notifications, check the status of an existing outage, report an area light issue and more.

 

Stay up to date on weather affecting SECO Energy’s service area, the latest news releases and cooperative updates by “liking” SECO’s Facebook page and “follow” @SECOEnergy on Twitter.

SECO Energy Braced for Hurricane Eta

The National Hurricane Center upgraded TS Eta to hurricane status Wednesday morning. SECO Energy has been monitoring Eta and its pending effects on the cooperative’s territory. Hurricane Eta’s track and landfall site have continued to change since the storm moved away from Central America last week. Forecasters now predict Hurricane Eta will make an easterly turn into Florida’s Gulf Coast with the potential to travel through SECO’s service area as a tropical storm.

 

The National Hurricane Center (NHC) forecasts shows that Hurricane Eta is about 145 miles south/southwest of Tampa with 75 mph sustained winds. On the forecast track, the center of Eta will move closer to the southwest coast of Florida today, approach the west-central coast of Florida tonight, and move inland over the northern portion of the Florida peninsula on Thursday. Eta is expected to move northeastward into the western Atlantic late Thursday or early Friday.

 

Projected landfall location is between Citrus and Levy Counties. Citrus County has announced school closures for Thursday. Currently, hurricane force winds extend 60 miles from the center. SECO’s forecaster predicts that Eta will bring heavy rains and wind gusts between 40 and 50 mph at peak to parts of the cooperative’s service territory. A storm surge warning has been issued for the Florida west coast from Suwannee River to Bonita Beach, including Tampa Bay and Charlotte Harbor.

 

cone eta hurricane

 

SECO Energy is StormReady and prepared to respond to power outages caused by Hurricane Eta’s rainbands and wind gusts. SECO employee and contractor line crews, as well as tree crews are staged across the system. Above normal rains in October have left some areas saturated. Additional rain from Hurricane Eta could cause outages from trees falling into power lines.

 

Since the COVID-19 pandemic began in mid-March, SECO Energy has taken the necessary precautions to ensure the health and wellbeing of its employees and contractors. SECO’s line crews and contractors are the key to preserving service reliability for the cooperative’s 200,000+ homes and businesses within its service territory. The COVID-19 protections instituted for SECO employees and contractors may slow restoration effort.

 

CEO Jim Duncan stated, “Our SECO storm watchers have been monitoring Hurricane Eta and its wobbling projected track since early last week. We’ve been lucky in Central Florida that the 2020 hurricane season has had minimal effect on our area. Hurricane Eta looks to change that trend. SECO Energy employees and our line and tree contractor partners are prepared to respond to outages from Hurricane Eta’s heavy rains and winds. The track, intensity and forecast of tropical storms and hurricanes often change, and we will keep members updated so they can be prepared.”

 

Duncan also reminded members that SECO Energy’s StormCenter outage reporting and communications platform offers outage alerts. He advises, “StormCenter is available for members to report new outages or check the status of an existing outage using their smartphones or tablets 24 hours a day, 7 days a week. Members should also enroll in outage notifications and alerts via email, text or voice message, or all three. An alert is sent when the system recognizes that your service has been interrupted. The alert will include crew status, start time and an estimated restoration time. You’ll also receive a notification when service is restored, and we will include the cause of the outage if it is known at that time.”

 

Members should visit StormCenter and bookmark the site on their smartphones or tablets. On StormCenter, members can view the outage map, manage notifications, check the status of an existing outage, report an area light issue and more. Stay up to date on weather affecting SECO Energy’s service area, the latest news releases and cooperative updates by “liking” SECO’s Facebook page and “follow” @SECOEnergy on Twitter.

 

 

SECO Energy Prepared for Tropical Storm Eta

SECO Energy is prepared for Tropical Storm Eta and its possible effects on its service territory. While Tropical Storm Eta’s ultimate track and intensity remain uncertain, SECO members should expect rain and wind to blanket the area.

 

The National Hurricane Center (NHC) forecasts that rainbands from Tropical Storm Eta will affect the area through Friday or Saturday this week. The tropical storm made landfall late Sunday evening in the Florida Keys. The current NHC track predicts Tropical Storm Eta will move southwest into the Gulf of Mexico and gain strength to become a hurricane; however, the models are quite varied.

 

SECO Energy Prepared for Tropical Storm Eta

 

SECO Energy is StormReady and prepared to respond to power outages caused by Tropical Storm Eta’s rainbands and wind gusts. SECO employee and contractor line crews, as well as tree crews staged across the system. Members should prepare for the possibility of rain and wind gusts from 25 to 40 mph in SECO’s area until Friday or Saturday. Above normal rains in October have left some areas saturated. Additional rain from Tropical Storm Eta could cause outages from trees falling into power lines.

 

Since the COVID-19 pandemic began in mid-March, SECO Energy has taken the necessary precautions to ensure the health and wellbeing of its employees and contractors. SECO’s line crews and contractors are the key to preserving service reliability for the cooperative’s 200,000+ homes and businesses within its service territory. The COVID-19 protections instituted for SECO employees and contractors may slow restoration effort.

 

CEO Jim Duncan stated, “Since the Atlantic hurricane season began in June, SECO Energy has been prepared for tropical storms or hurricanes. We are ready to respond to any power outages caused by Tropical Storm Eta with our full staff of support employees and line technicians as well as line and tree contractor crews staged across the system. We are monitoring Tropical Storm Eta closely. The track, intensity and forecast of tropical storms and hurricanes often changes, and we will keep members updated so they can be prepared.”

 

Duncan also reminded members that SECO Energy’s StormCenter outage reporting and communications platform offers outage alerts. He advises, “StormCenter is available for members to report new outages or check the status of an existing outage using their smartphones or tablets 24 hours a day, 7 days a week. Members should also enroll in outage notifications and alerts via email, text or voice message, or all three. An alert is sent when the system recognizes that your service has been interrupted. The alert will include crew status, start time and an estimated restoration time. You’ll also receive a notification when service is restored, and we will include the cause of the outage if it is known at that time.”

 

Members should visit StormCenter and bookmark the site on their smartphones or tablets. On StormCenter, members can view the outage map, enroll or manage notifications, check the status of an existing outage, report an area light issue and more.

 

Stay up to date on weather affecting SECO Energy’s service area, the latest news releases and cooperative updates by “liking” SECO’s Facebook page and “follow” @SECOEnergy on Twitter.

SECO Energy Tracking Tropical Storm Eta

SECO Energy is tracking Tropical Storm Eta and the possibility of a late-season tropical storm event for Central Florida. While Tropical Storm Eta’s eventual track and possible Florida landfall remain uncertain, SECO is prepared for the weather effects this storm could bring to its service area.

 

The National Hurricane Center (NHC) forecasts that Tropical Storm Eta will bring rain and winds to Central Florida next week. Eta weakened while over Central America. Forecasts predict the storm will take a northeastern turn and may gain strength. The probable track shows Tropical Storm Eta traveling across Cuba on its way toward Florida.

 

SECO members should prepare for the possibility of rain and winds early next week. SECO’s service area could begin to feel the effects of Tropical Storm Eta on Monday. Above normal rains in October have left some areas saturated. Additional rain from Tropical Storm Eta could cause outages from trees falling into power lines.

 

Since the COVID-19 pandemic began in mid-March, SECO Energy has taken the necessary precautions to ensure the health and wellbeing of its employees and contractors. SECO’s line crews and contractors are the key to preserving service reliability for the cooperative’s 200,000+ homes and businesses within its service territory. The COVID-19 protections instituted for SECO employees and contractors may slow restoration effort.

 

CEO Jim Duncan stated, “At times, Mother Nature likes to remind us that hurricane season lasts through the end of November. A late-season storm such as Tropical Storm Eta is a good reminder to stay vigilant during the entire hurricane season. Make sure your hurricane supplies are well stocked and up to date. We are watching Tropical Storm Eta closely, and SECO crews and contractors will be prepared to restore outages if needed in our area.”

 

Duncan also reminded members that SECO Energy’s StormCenter outage reporting and communications platform offers outage alerts. He advises, “StormCenter is available for members to report outages using their smartphones or tablets 24 hours a day, 7 days a week. Members should also enroll in outage notifications and alerts via email, text or voice message, or all three. An alert is sent when the system recognizes that your service has been interrupted. The alert will include crew status and an estimated restoration time. You’ll also receive a notification when service is restored, and we will include the cause of the outage if it is known at that time.”

 

Members should visit StormCenter and bookmark the site on their smartphones or tablets. On StormCenter, members can view the outage map, enroll or manage notifications, check the status of an existing outage, report an area light issue and more.

 

Stay up to date on weather affecting SECO Energy’s service area, the latest news releases and cooperative updates by “liking” SECO’s Facebook page and “follow” @SECOEnergy on Twitter.

SECO Energy Returns $6.1 Million to Members

SECO Energy has positive financial news for its 210,000+ members. The not-for-profit electric cooperative is retiring a record $6.1 million in Capital Credits to current and former members. During the September Board Meeting, the SECO Board approved the record-high $6.1 million Capital Credit retirement.

 

Current members will see their portion of the retirement on their November billing statement. Look for a line item labeled “Capital Credit Ret.” Active commercial members with retirements over $600 will receive a check. Former members who receive a retirement over $10 will receive a check at their last known mailing address.

 

Capital Credits are unique to not-for-profit, cooperatively structured businesses. SECO members own a portion of the cooperative’s equity. Members’ energy purchases build patronage capital. Ownership is defined through the annual process of allocating each member’s share of the co-op’s margins from the prior year. Individual Capital Credit allocations represent the percentage of the yearly amount of electric service purchased by each member.

 

CEO Jim Duncan stated, “I am especially pleased that SECO can offer members a record-high Capital Credits retirement payout this year. The COVID-19 pandemic and economic uncertainty have been stressful. Capital Credits are a tangible benefit of the not-for-profit cooperative business model. The cooperative has retired over $72.9 million to current and former members since energizing the first few hundred services in 1938.”

 

Capital Credits are the accumulation of all prior years’ revenues after SECO’s operating costs and expenses are paid. These credits are allocated on a pro-rata basis to each SECO member’s account as Capital Credits in accordance with the cooperative’s not-for-profit 501(c)12 status. Annually, SECO examines the cooperative’s financial position and makes a recommendation to the Board of Trustees on the retirement of Capital Credits. The $6.1 million Capital Credits retirement pays out a portion of SECO’s equity to current and former members.

 

Interested in learning more about Capital Credits? Visit our Capital Credis page. Like” SECO on Facebook and “follow” @SECOEnergy on Twitter for news releases and cooperative updates.